Grid-tied electric vehicles are batteries on wheels that can support grid resilience. To accelerate the deployment of vehicle-to-grid installations, EnergyHub, the industry’s leading grid-edge DERMS provider, and Fermata Energy, the leading V2G services provider, have partnered to accelerate utilities’ access to EVs as mobile distributed energy resources (DERs).
As vehicles and buildings rapidly electrify, utilities are racing to develop strategies that service this increase in load reliably and affordably. In addition to upgrading infrastructure, utilities are creating programs to manage electricity demand using energy storage and other DERs. The fastest growing sources of energy storage are EV batteries.
Forward-looking utilities are leveraging EVs as mobile energy storage assets to support grid resilience. To do this and meet grid performance standards, utilities and fleet EV operators need better data, insights, and forecasting of when and how EVs can send energy stored in their batteries to the grid.
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Via the partnership, EnergyHub’s EV solution – EnergyHub EV – delivers utility signals to the Fermata Energy AI-driven V2G platform, which then analyzes those utility data and other sources, including customer driving patterns and utilization, weather, utility rates, and more. Fermata Energy’s platform then sends simplified alerts to its fleet customers about opportunities to earn revenue from the local utility by discharging energy stored in the EV battery to the grid or to the fleet customer’s building.
“Our partnership with Fermata Energy expands support for bidirectional EV charging for utility clients across the country,” said Kevin Schwain, senior director of EV strategy at EnergyHub. “This is a critical capability that unlocks the full value of electric vehicles to grid operators and vehicle owners. This is how we ensure EVs become a grid resource rather than a constraint. Together, we’re improving grid reliability and reducing costs, all while keeping a positive driver experience at the core of our approach to optimized charging.”
“We need gigawatts of dispatchable energy to meet demand and add more renewables to the grid. The Fermata Energy vehicle-to-grid platform unlocks the value of EV batteries as mobile energy storage assets. This benefits both fleets and utilities,” said Anna Demeo, PhD, Chief Product Officer at Fermata Energy. “Machine learning and AI allow us to optimize thousands of rapidly changing data points and make it simpler for both fleets and utilities to manage EVs as distributed energy resources. We’re pleased to work with EnergyHub as we continue to scale vehicle-to-grid for utilities.”
SOURCE: PR Newswire